Risk Management - Is Your Wrist Model Wrong?

You are protected against these sudden shocks happening, and the volatility jumping from this artificially lower level of one % right up to a much higher levelad. So that's an example of making your moral risk model, or your position management, if you like, just a little bit more complicated. But as long as you always have scepticism and a, your wrist model is probably wrong,. I mean, it's a nice saying, which is, tha, and i can't remember who said it. A, all models are wrong, but some are useful.

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